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Nonprofiteer
← THE AMERICAN EXPERIMENT FUND INC

Form 990 for tax year 2024

Filed by THE AMERICAN EXPERIMENT FUND INC.

Totals

Total revenue
$1,020,005
Total expenses
$1,018,038
Contributions and grants received
$1,020,005
Grants paid
$307,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,967
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,967
Program services expenses (Part IX)
$773,439
Management and general expenses
$244,599
Fundraising expenses
$0
Program service expenses (Part III)
$773,439

Program services were 76.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,020,005

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $307,000 · program services $307,000

  • 11a · Fees: management

    total $213,500 · management and general $213,500

  • 11b · Fees: legal

    total $8,317 · management and general $8,317

  • 11g · Fees: other

    total $446,439 · program services $446,439

  • 12 · Advertising and promotion

    total $20,000 · program services $20,000

  • 13 · Office expenses

    total $61 · management and general $61

  • 16 · Occupancy

    total $2,334 · management and general $2,334

  • 17 · Travel

    total $19,742 · management and general $19,742

  • 24a · Other expenses: BANK FEES

    total $645 · management and general $645

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $1,967

  • 27 · Net assets without donor restrictions

    end of year $1,967

Mission and programs · 2024

Mission

SEE SCHEDULE O

  • THE AMERICAN EXPERIMENT FUND, INC IS AN ORGANIZATION THAT ADVOCATES FOR PUBLIC POLICIES THAT CREATE POLITICAL AND CULTURAL STRATEGIES TO CHANGE THE MATERIAL CONDITIONS OF BLACK AND YOUNG AMERICANS; PROVIDES VOTER ENGAGEMENT, GRASSROOTS ORGANIZING AND LEGISLATIVE ADVOCACY TO EDUCATE AND ENGAGE THE COMMUNITY IN THIS PURPOSE.

    Expenses $773,439 · Grants $307,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Shaniqua McClendon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tim Molina

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kate Bassett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Waterson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202503219349321365

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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